ADA faces challenges as whales exhibit apathy towards its recovery, coupled with its removal from a major fund, signaling potential further struggles ahead.
BerniceDeFi sector faces substantial losses from recent hacks, yet shows resilience with a $99M recovery. Munchables protocol hit hardest with $97M loss, hacker returned funds voluntarily. Curio Network and Prisma Finance negotiate losses, while NFPrompt and WooFi suffer significant damages. Persistent vulnerabilities emphasize the urgent need for improved security measures.
BerniceCardano (ADA) stabilizes amidst whales' accumulation, with recent market dynamics indicating potential for an upward price movement. Whales capitalized on the market dip, bolstering ADA holdings, while a decline in short-term traders suggests reduced price volatility. Technical indicators hint at a bullish sentiment, with ADA's price positioning above EMA lines. However, the sustainability of this trend remains uncertain, with potential resistance at $0.82 and support at $0.56. Investors should monitor market dynamics closely for further insights.
BerniceWhile Osmosis leads the pack in recent DeFi development, dydx and Synthetix are also making significant strides within the broader ecosystem.
Cheng YuanCardano welcomes its first fiat-backed stablecoin, USDM, marking a significant milestone in its ecosystem's evolution. The introduction of USDM aims to enhance security, scalability, and user confidence, potentially driving further growth and adoption.
BerniceCardano blockchain's surge in user engagement, reflected in active wallets and DeFi growth, showcases promising developments. However, ADA's struggle to keep pace with the overall market raises concerns. Integration plans with FireFly API offer potential, yet ADA's performance remains modest compared to leading altcoins.
SanyaCardano's active wallet addresses surge alongside a booming DeFi sector, reflecting growing user engagement. Leading protocols witness significant growth, contributing to Cardano's price surge amid broader cryptocurrency market rallies.
SanyaThe "Endgame" strategy of Maker aims to challenge competitors like Tether by rebranding, introducing new tokens, and scaling up the Dai stablecoin. This plan spans multiple phases, covering aspects from enhancing user experience to launching new chains. However, successful execution still requires overcoming regulatory challenges and maintaining user trust.
BerniceSchwartz's explanation sheds light on XRP's potential for passive income generation through strategies like AMMs and staking. However, investors must remain vigilant about the inherent risks involved in the volatile cryptocurrency market.
BerniceForbes teams up with Memeland for 'No Sleep NYC' NFT event, signaling commitment to Web3. Collaboration aims to foster community and innovation in dynamic digital space. Memecoin (MEME) sees activity post-announcement, reflecting market excitement.
Xu LinI think it’s time for Web3 Degens to pay attention to this kind of exploitation. Through unremitting efforts, we have taken back the ownership of the network and avoided the ruthless monitoring and exploitation of Web2 oligarchs. Don’t lose what Web3 is proud of. fundamental.
JinseFinanceExplore Luno, the cryptocurrency investment app revolutionizing digital finance. Learn about its features, security, and global impact in our comprehensive guide.
KikyoPancakeSwap shifts to deflationary model, cutting CAKE supply by 40%
AlexExploring tokenomics in crypto, its importance, challenges, and the transformative power of this economic model in blockchain projects.
SanyaLuno was found to have been negligent in holding the plaintiff's funds.
ClementArdana's ascendancy and demise highlight the perils of Web3 investments in its turbulent journey.
Hui XinDo governments have a legitimate reason for fighting crypto with CBDCs?
ClementGnosis will transition from a proof-of-authority (PoA) blockchain chain to a proof-of-stake (PoS) beacon chain as a result of The Merge.
Cointrust
Coinlive